Question
A business firm has the following details as of 31.03.2023 : •Additional bad debts during the year = ₹ 25,000 •The firm follows a policy of maintaining 10% provision on outstanding trade receivables. What will be the total amount affected in the Profit and Loss Account due to bad debts and provision adjustments?
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RBI Grade B 2026 Phase 1 Memory Based Paper
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